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what?
"Microsoft also reiterated in the filing that it plans to take a charge in its fiscal second quarter as it completes a program in which employees can sell their underwater stock options--that is, options whose exercise price is greater than the level at which Microsoft shares are currently trading--to JP Morgan. Microsoft said it is not currently able to estimate the charge, which relates to the cost of unvested options that are transferred."

so they sell options that are worth less then currently trading shares, meaning they are worth zero dollars? why would a employee sell?
Posted by: lmaxwell   Posted on: 11/13/03 You are currently: a Guest | Members login | Terms of Use
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what?  lmaxwell | 11/13/03
why sell?  Noneya | 11/15/03
can see from results  lmaxwell | 11/13/03
Microsoft Activation and Earnings  hrosita@... | 11/14/03
Unlikely Activation Impacted Earnings  P. Douglas | 11/14/03
told you so, the M$ end is closing  screaming silence | 11/14/03
To the one who failed math at grade 2  Ardian Daka | 11/14/03
sreaming silence  Noneya | 11/15/03

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